State of New Jersey Common Pension Fund D Purchases 1,239 Shares of Oracle Corporation $ORCL

State of New Jersey Common Pension Fund D lifted its position in Oracle Corporation (NYSE:ORCL) by 0.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 566,768 shares of the enterprise software provider’s stock after purchasing an additional 1,239 shares during the quarter. Oracle comprises about 0.5% of State of New Jersey Common Pension Fund D’s investment portfolio, making the stock its 26th biggest position. State of New Jersey Common Pension Fund D’s holdings in Oracle were worth $123,912,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LGT Financial Advisors LLC bought a new stake in shares of Oracle in the second quarter worth about $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle during the second quarter worth approximately $34,000. HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter worth approximately $38,000. Moser Wealth Advisors LLC increased its stake in Oracle by 1,770.0% during the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after acquiring an additional 177 shares during the last quarter. Finally, Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter worth approximately $27,000. 42.44% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Stuart Levey sold 19,758 shares of the stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Maria Smith sold 5,000 shares of the stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the sale, the executive vice president owned 47,083 shares of the company’s stock, valued at approximately $13,212,431.46. This represents a 9.60% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 170,769 shares of company stock worth $50,297,667. Company insiders own 40.90% of the company’s stock.

Oracle Stock Up 1.2%

Oracle stock opened at $283.45 on Friday. The business has a fifty day moving average of $274.59 and a two-hundred day moving average of $220.37. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market cap of $808.05 billion, a P/E ratio of 65.61, a P/E/G ratio of 3.01 and a beta of 1.53. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Analyst Ratings Changes

ORCL has been the topic of a number of analyst reports. TD Cowen upped their target price on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. JMP Securities reaffirmed a “market outperform” rating and set a $342.00 target price on shares of Oracle in a research note on Friday, October 17th. Cantor Fitzgerald upped their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. JPMorgan Chase & Co. boosted their price target on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, September 8th. Finally, Barclays boosted their price target on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

Oracle Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.